Racheshwar Industries Limited
Founded in 2006 and headquartered in Gujarat, India.
2006 | Surat, Gujarat (India) | Active
Racheshwar Industries Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 9.53 M
- Company Age 18 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 24.11 Cr
- Satisfied Charges ₹ 59.80 Cr
- Revenue Growth -20.00%
- Profit Growth 101.92%
- Ebitda 134.75%
- Net Worth 13.76%
- Total Assets -29.72%
About Racheshwar Industries
Racheshwar Industries Limited (RIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 December 2006 and has a history of 18 years and five months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Ess Pee Industries (Gujarat) Limited. The Company is engaged in the Home & Lifestyle Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 9.53 M.
The company currently has active open charges totaling ₹24.11 Cr. The company has closed loans amounting to ₹59.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Niku Sudrania, Gaurav Sudrania, and Sanjay Sudrania serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17291GJ2006PLC049619
- Company No.
049619
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Home & Lifestyle
Racheshwar Industries Limited
Explore comprehensive data for Racheshwar Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Racheshwar Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niku Sudrania  | Director | 01-Apr-2023 | Current |
| Gaurav Sudrania | Director | 08-Aug-2017 | Current |
| Sanjay Sudrania | Director | 01-Apr-2023 | Current |
Financial Performance of Racheshwar Industries.
Racheshwar Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20% decrease. The company also saw a substantial improvement in profitability, with a 101.92% increase in profit. The company's net worth Soared by an impressive increase of 13.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Racheshwar Industries?
In 2023, Racheshwar Industries had a promoter holding of 64.32% and a public holding of 35.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Ess Pee Limited
Niku Sudrania, Gaurav Sudrania and 1 more are mutual person
- Sachin Infra Environment Limited
Sanjay Sudrania is a mutual person
Charges (Loans)
Open Charges
₹24.11 Cr
Satisfied Charges
₹59.80 Cr
Charges Breakdown by Lending Institutions
- Others : 24.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2023 | Others | ₹3.12 M | Open |
| 09 Feb 2021 | Others | ₹4.90 Cr | Open |
| 09 Feb 2021 | Others | ₹5.00 Cr | Open |
| 05 Oct 2016 | Others | ₹13.90 Cr | Open |
| 24 Sep 2020 | Others | ₹1.00 Cr | Satisfied |
How Many Employees Work at Racheshwar Industries?
Racheshwar Industries has a workforce of 22 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Racheshwar Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Racheshwar Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Racheshwar Industries
Recent activity within the organization
- Annual General Meeting
Racheshwar Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Racheshwar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100831815 was registered on 11 Dec 2023.
- Charges
A charge with Others of Rs. 13.90 Cr registered on 05 Oct 2016 with Charge ID 100256812 was modified on 20 Oct 2023.
- Charges
A charge registered on 22 Jan 2019 via Charge ID 100234130 with Others was fully satisfied on 22 Jun 2023.
- Director Appointment
Niku Gaurav Sudrania was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 2 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Racheshwar Industries Limited?
Racheshwar Industries Limited was incorporated on 21 Dec 2006.
What is authorized share capital and paid-up capital of Racheshwar Industries Limited?
The authorized share capital of Racheshwar Industries Limited is ₹ 1.25 Cr and paid-up capital is ₹ 9.53 M.
Who are the current board members & directors of Racheshwar Industries Limited?
Currently 3 directors are associated with Racheshwar Industries Limited.
- Niku Gaurav Sudrania
- Gaurav Sanjaybhai Sudrania
- Sanjay Sudrania
What is the registered address of Racheshwar Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Racheshwar Industries Limited is Plot No. 251 G.I.D.C. Estate At Sachin Dist., India, Surat, Gujarat, 394230.
What is the corporate identification number (CIN) and company number of Racheshwar Industries Limited?
The corporate identification number (CIN) of Racheshwar Industries Limited is U17291GJ2006PLC049619 and the company number is 049619 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Racheshwar Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Racheshwar Industries Limited has fallen by -20.00%.
How many employees does Racheshwar Industries Limited currently have?
As Per 2023 financial reports, 22 employees are currently employed by Racheshwar Industries Limited.
What change has been observed in the net worth of Racheshwar Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Racheshwar Industries Limited has experienced an upsurge of 13.76%.
What are the total open charges for Racheshwar Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Racheshwar Industries Limited amount to ₹ 24.11 Cr.
When was the last Balance Sheet of Racheshwar Industries Limited filed with the ROC?
The most recent Balance Sheet for Racheshwar Industries Limited was filed with the ROC on 31 Mar 2024.
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